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Hybrid and Media Group International (MGI) have agreed to a dealership agreement which will enable MGI to sell and support Hybrid’s products in the region in its offices in Qatar, UAE, Oman, Bahrain and Saudi Arabia. Hybrid is a company Read more
The Managing Director of Iran’s National Petrochemical Company (NPC), Abdolhossein Bayat, said that the country will be controlling 41% of regional petrochemical production in the next 7 years, during his speech at the opening ceremony of the 10th International Petrochemical Read more
Gasoil re-exporting to Syria from Lebanon is undergoing a major setback with only one dealer remaining in the business, conducted under a dangerous atmosphere and also being discouraged by bank policies. Lebanon’s trade deficit confirmed the trend. Interestingly, the quantities Read more
Ooredoo Qatar has become the first network company in the Middle East to have an IPX+ enabled network, using Tata Communications IPX+ platform, thereby providing it with the latest technology innovations in mobile broadband service delivery and management, according to Read more
Saudi Arabia’s Capital Market Authority (CMA) Chairman, Mohammed bin Abdulmalik Al-Sheikh, said they are working on the final stages of a regulatory framework which will give opportunity to foreigners to own stocks in the kingdom. The move is geared towards Read more
Syria’s internet connection has been disconnected from the World Wide Web since Tuesday and no authority has claimed responsibility. This is the second time the country is experiencing such a shutdown after the first disconnection occurred in November last year. Read more
Delegations from Palestine and Israel headed by President Mahmoud Abbas and Prime Minister Benjamin Netanyahu respectively will be meeting in China this week. The government is willing to set up a meeting for the two parties to discuss their long Read more
One of the world’s largest banks, Citigroup Incorporation, has embarked on a strategy aimed at boosting its private bank business by betting on firms owned by rich families from the Middle East. The bank’s family office unit, which was opened Read more
Japan’s Prime Minister, Shinzo Abe, is on a two-day working visit to the United Arab Emirates (UAE) during which nuclear cooperation deal will be signed amongst others. This visit could probably lead to the use of Japanese technology in the Read more
United Nations Compensation Claims Commission Chief Khaled Al-Mudhaf, has reminded Iraq of its duties to honor its dues, after failing to pay the remaining compensation it owes to Kuwait, as reparations for the invasion under Saddam Hussein’s regime in 1991, Read more